Submission on new regime for the conduct of financial institutions

FinCap welcomes the opportunity to comment on the Ministry of Business, Innovation & Employment (MBIE) regulations to support the new regime for the conduct of financial institutions discussion document.

FinCap’s work often involves approaching financial institutions to raise and address issues around unfair conduct that has been identified by financial mentors and is causing significant harm to individuals or communities.

Robust regulation will see the change we need on a much greater scale, preventing many issues that can cause serious harm arising in the first place.